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Online News Archive

News Editor: Leslee Mason email Leslee

This page will be updated bi-monthly. For current news, visit our home page

January-February 2011

New mobile payment service makes bank accounts mobile

February 14, 2011--In Serbia, mobile network operator Telenor has introduced a new payment service called PlatiMo, which for the first time allows customers to pay their bills and perform other financial services via their mobile phones directly from their bank accounts.


American Express Canada offers up FX International Payments

February 10, 2011--American Express Canada has a new online foreign exchange payment solution for Canadian businesses. American Express FX International Payments (FXIP) allows clients to make foreign currency transactions at competitive rates and with the convenience, security and control of 24/7 online service.


A first in Canada: Desjardins launches end-to-end data encryption solution for credit card payment

February 10, 2011--Credit card transactions are now even more secure thanks to the latest technology developed by Desjardins. End-to-end data encryption completely eliminates exposure of card numbers at points of sale during the payment process. This is a first in Canada.

With the participation of Ingenico, a major player in the global payment industry, Desjardins has developed a payment solution that encrypts credit card data throughout the entire transaction. This new technology will make it easier for retailers to comply with Payment Card Industry-Data Security Standards (PCI-DSS), under which strict security measures must be implemented at points of sale to protect credit card data exposure during the payment process.


MasterCard Canada expands contactless payments, adds CIBC

February 1, 2010--MasterCard Canada has added CIBC as a new Canadian issuer of PayPass-enabled MasterCard credit cards. More than 19 million MasterCard credit cards in Canada feature PayPass™ contactless payments technology.

CIBC is now issuing three new MasterCard PayPass-enabled credit cards, including the CIBC Aventura World MasterCard, the CIBC Dividend Unlimited World MasterCard and the CIBC Aventura MasterCard.


Entrust Credentialing Services Smartcards earn Microsoft certification Feb 23, 2011

New Google payments platform targets publishers Feb 17, 2011

TIO Networks rolls out new PG&E "Mobile Bill Pay App" Feb 14, 2011

SecureKey gets investment of capital from Intel Feb 14, 2011

Servus to pilot Everlink's fraud management system Feb 11, 2011

FNA cash-back program designed to enhance member value Feb 11, 2011

Mobile app stores everage hyperWALLET global expertise, WIP Feb 11, 2011

PrinterOn releases PayPal Pay-for-Print solution for mobile printing Feb 10, 2011

Corus Radio picks VersaPay's payment solutions Jan 11, 2011

Capital One acquisition extends brand in Canadian credit, loyalty Jan 11, 2011 to deliver in-house financing for home improvement industry Jan 10, 2011

NXGEN appoints Randy Tillim Director of Major Accounts Jan 9, 2011



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